RE:Management is not Pursuing Shareholders best Interests"ARX could invest 200-225 million in Kakwa and restore its production to it premerger historical level. (On a half cycle basis) This would add 15% to CF and FCF and add at least 2 dollars a share in value without having to spend 1.5 billion in share buybacks."
i was sorta against this idea 6 months ago but considering current high oil prices(and their transitory nature) and fast turn arounds in kakwa it would be wise to raise the level of spending there significantly , reduce buyback a little and raise the divy a little